Standard Motor Products (SMP) Gross Margin (2010 - 2026)
Standard Motor Products' (SMP) quarterly Gross Margin came in at 30.85% in Q1 2026, up 68.0% YoY from 18.36% in Q1 2025, and down 2.63% on a QoQ basis from 31.68% in Q4 2025.
Standard Motor Products (SMP) Gross Margin (2010 - 2026) Analysis & Trends
Standard Motor Products (SMP) has 17 years of Gross Margin data on file, last reported at 30.85% in Q1 2026.
- Quarterly Gross Margin rose 68.0% year-over-year to 30.85% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 31.38% (up 171.0% YoY) and the FY2025 annual result came in at 31.23%, up 231.0% from the prior year.
- Gross Margin fell to 30.85% in Q1 2026, from 31.68% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 32.43% in Q3 2025 to a low of 26.81% in Q2 2022.
- A 5-year average of 29.24% and a median of 29.06% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 247 bps — and 2025, when it jumped 316 bps.
- Tracing SMP's Gross Margin over 5 years: stood at 29.06% in 2022, then retreated by 4 bps to 28.04% in 2023, then increased by 5 bps to 29.41% in 2024, then grew by 8 bps to 31.68% in 2025, then slipped by 3 bps to 30.85% in 2026.
- The last three Gross Margin figures came in at 30.85% (Q1 2026), 31.68% (Q4 2025), and 32.43% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 51.45% |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 52.15% |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 14.68% |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 37.80% |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 19.76% |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 32.89% |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 23.67% |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 18.16% |
| 10 | Standard Motor Products | 849.76 Mn | 849.76 Mn | 164.62 Mn | 32.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.82% |
| Mar 31, 2026 | 30.85% |
| Dec 31, 2025 | 31.68% |
| Sep 30, 2025 | 32.43% |
| Jun 30, 2025 | 30.55% |
| Mar 31, 2025 | 30.17% |
| Dec 31, 2024 | 29.41% |
| Sep 30, 2024 | 30.40% |
| Jun 30, 2024 | 28.59% |
| Mar 31, 2024 | 27.01% |
| Dec 31, 2023 | 28.04% |
| Sep 30, 2023 | 29.70% |
| Jun 30, 2023 | 28.68% |
| Mar 31, 2023 | 27.82% |
| Dec 31, 2022 | 29.06% |
| Sep 30, 2022 | 28.00% |
| Jun 30, 2022 | 26.81% |
| Mar 31, 2022 | 27.83% |
| Dec 31, 2021 | 28.61% |
| Sep 30, 2021 | 28.41% |